Major grassland carbon agreement for Chancellor Ranch

The Colorado State Board of Land Commissioners authorized a Grassland Carbon – Ecosystem Services Agreement with Grassroots Carbon Public Benefit, LLC for a 51,548‑acre Chancellor Ranch project in Las Animas County. The 10‑year agreement is projected to generate over $4.1 million and commits the lands to long-term agricultural use.

Scope & details

The full contract record, as filed.

Contract amount

Approximately $411,577 per year; total approximately $4,115,770 over 10 years (projected gross revenue under PES Rider 117597)

Contract type

OTHER

Contract term

10-year PES Rider term followed by Board commitment to retain lands in agricultural use for at least 20 additional years

Renewal

PES Rider provides an initial 10-year term, followed by a Board commitment to keep lands in agricultural use for a total of 30 years from the contract’s effective date. Grazing lease AG 117597 is extended to align with the end of the first 10‑year period of the grassland carbon project.

Document type

AgendaPacket

Source document

Colorado State Board of Land Commissioners AgendaPacket 2026-08-12

Related contracts

Other contracts from Grassroots Carbon Public Benefit Llc.

View all →

Colorado State Board of Land Commissioners AgendaPacket 2026-08-12

APPROVED

State Board of Land Commissioners (State Land Board), ColoradoApproximately $14,999 per year, or $149,990 over the 10-year lease period (State Land Board share)Aug 6, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by State Board of Land Commissioners (State Land Board)?

Grassroots Carbon Public Benefit Llc was awarded this government contract by State Board of Land Commissioners (State Land Board), as recorded on August 6, 2026. The contract value is Approximately $411,577 per year; total approximately $4,115,770 over 10 years (projected gross revenue under PES Rider 117597).

How much is the Grassroots Carbon Public Benefit Llc contract with State Board of Land Commissioners (State Land Board) worth?

The Grassroots Carbon Public Benefit Llc contract with State Board of Land Commissioners (State Land Board) is valued at Approximately $411,577 per year; total approximately $4,115,770 over 10 years (projected gross revenue under PES Rider 117597).

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Colorado State Board of Land Commissioners AgendaPacket 2026-08-12 (AgendaPacket), dated August 6, 2026 from State Board of Land Commissioners (State Land Board). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Grassroots Carbon Public Benefit Llc hold?

Grassroots Carbon Public Benefit Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Grassroots Carbon Public Benefit Llc's profile

What is State Board of Land Commissioners (State Land Board) currently buying?

Explore State Board of Land Commissioners (State Land Board)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View State Board of Land Commissioners (State Land Board)'s profile